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Lot
2220

1920-S $10 AU58 NGC....

2008 December Houston, TX Signature Coin Auction #1118

 
Sold for: $31,050.00 (includes BP )
Bid Source: Live: Floor bidder
Auction Ended On: Dec 5, 2008
Item Activity: 10 Internet/mail/phone bidders
2,229 page views
Description:
Lovely Near-Mint 1920-S Eagle
1920-S $10 AU58 NGC. The San Francisco Mint issued Indian eagles in 1920 and again in 1930, the final two eagles coined at the facility. Both were moderately low-mintage issues (126,500 and 96,000 respectively), and both are considered major rarities today. The 1920-S eagle is considered the third rarest date in the entire series, following only the 1907 Rolled Rim and 1933 issues.
Unlike many other dates with lower mintages, nearly all examples of the 1920-S eagle entered circulation soon after they were minted. Jeff Garrett and Ron Guth write: "Europe was in disarray when these were struck; remaining banks were simply trying to survive and didn't have the ability or credit to hoard additional gold coins." Those that have survived did so as a matter of chance, or thanks to the few wealthy collectors of the time who could afford to save and preserve both eagles and double eagles. Some of those collectors that could afford to save large denomination gold coins in the 1920s, were unable to save them through the 1930s, adding to their rarity today.
Although it exhibits slight highpoint wear on both sides, this marvelous example has brilliant yellow luster with frosty surfaces and subtle orange toning hidden among the devices. A few small nicks are primarily limited to the reverse. The existing detail suggests a strong strike. The headdress is sharply defined, and the eagle is weak only on the foreleg and at the top of the wing below the neck, the latter more a result of slight wear than a poor strike. Census: 14 in 58, 26 finer (9/08).
From The Deadwood Gulch Collection.(Registry values: N4719) (#8881)

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The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1104, Lot 2489 Saturday, April 19, 2008 58 NGC $32,890.00
Auction 454, Lot 3290 Saturday, January 12, 2008 58 NGC $32,200.00
Auction 1166, Lot 5021 Sunday, January 8, 2012 58 PCGS $48,875.00
Auction 360, Lot 9421 Saturday, January 15, 2005 58 PCGS $29,900.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)
Source Date Grade Service Realized
Unconfirmed Thursday, November 4, 2010 58 NGC $29,900.00
Unconfirmed Thursday, July 30, 2009 58 NGC $34,500.00
PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
55 $32,500 $26,250 $21,000 $19,250 $19,500 $37,500 $40,000
58 $37,500 $35,630 $28,500 $26,000 $26,500 $45,000 $47,500
60 $47,500 $41,880 $33,500 $30,500 $30,500 $52,500 ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
Population Guide
Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 126,500 Augustus Saint-Gaudens
NGC 58 14 27 49 -
CAC 58 0 1 3 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
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